Ferguson Enterprises shared its Q3 2026 results, showing a 9.5% rise in sales and raising its yearly forecast.

FERG · Ferguson Enterprises

The AI's read

The higher sales forecast suggests management expects recent growth to continue, helped by FloWorks and stronger business construction demand. But weak housing and soft traditional nonresidential sales limit how broad that growth is. The full-year operating-margin forecast of 9.6%-9.8% is below this quarter’s 10.7%, tempering the positive read.